Log in Subscribe Front Page Current Issue Real Briefs Recent Trades Subscribe/Renew Events Advertise Contact Us
Fri, Mar 29
A Compendium of Property & Capital News
Fri
Mar 29

Joint Venture Helge-Gansett Breaks Ground on 7-story, 114-unit Mixed-Use Community, Sora

October 31, 2022
Sora Revere Rendering, 99 Bennington St., Revere MA

REVERE — The joint venture, Helge-Gansett hosted a groundbreaking ceremony to mark the start of construction on SORA Revere. Located at 93 Bennington St., SORA is a 7-story, 114-unit living community, designed to be in harmony with this transformative neighborhood, according to a release. SORA is a transit-oriented project that aligns with the vision of the City of Revere as a top-tier living destination. Construction is expected to be completed during the fall of 2024. Helge-Gansett is a joint venture between Helge Capital and Gansett Ventures, two real estate firms active in Revere and its communities.

“I have had a personal connection to Revere since 1991 and the positive evolution of this great community means a lot to me,” said Oleg Uritsky, Founder & CEO of Helge Capital. “SORA represents our vision of Revere as a highly desirable place to live for families and individuals.

SORA Revere is named for the small waterbird that whistles through the Belle Isle Marsh and its picturesque walking trails, located directly across the street from the development. SORA is just a short walk from Revere Beach and the Beachmont MBTA station, a 5-minute drive to Logan International Airport, and a quick train ride into Downtown Boston. The development will have ground-floor retail space, first-class amenities, and views that will enhance the living experience while complimenting a dynamic neighborhood.

“We are excited to deepen our commitment to, and partnership with, the City of Revere, and SORA is a great step in that direction,” said Caleb Manchester, President & CEO of Gansett Ventures. “The project revitalizes a long-vacant and underutilized site, and will add employment, drive economic growth, and increase transit-oriented housing availability in the city.”

SORA Revere was designed by Embarc Design and Rubicon is the general contractor.